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All of the following describe perfectly competitive firms, except: Multiple choice question. produce a small fraction of total supply have no market power produce a
All of the following describe perfectly competitive firms, except: Multiple choice question. produce a small fraction of total supply have no market power produce a large fraction of total supply do not exert control over product price
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
